Cross River Announces Proposed Name Change and Consolidation

Cross River Ventures Corp. (CSE: CRVC.X) is pleased to announce that, in connection with the Company's previously announced proposed business combination with Scotia Lithium Corp., the Company intends to change its name from "Cross River Ventures Corp." to "Scotia Metals Corp." and to consolidate its common shares on a thirty (30) to one (1) basis with a proposed record date of July 24, 2026. The Company currently has 288,020,201 Common Shares issued and outstanding. Following the proposed Consolidation, the Company will have approximately 9,600,673 Common Shares issued and outstanding prior to rounding for fractional shares. Following the Transaction, the Company is expected to trade on the CSE under the symbol "SMET". The Consolidation and Name Change were approved by the board of directors of the Company, and the Consolidation was approved by shareholders of the Company at the annual general meeting held on March 24, 2026, but the Consolidation and Name Change remain subject to the acceptance of the Canadian Securities Exchange (the "CSE ").